COMPASS Pathways (CMPS) Operating Expenses (2021 - 2026)
COMPASS Pathways (CMPS) posted quarterly Operating Expenses of $42.9 million for Q1 2026, down 13.53% YoY from $49.6 million in Q1 2025, and down 6.63% sequentially from $46.0 million in Q4 2025.
COMPASS Pathways (CMPS) Operating Expenses (2021 - 2026) Analysis & Trends
COMPASS Pathways has disclosed Operating Expenses across 6 years of filings, most recently posting $42.9 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 13.53% year-over-year to $42.9 million; the TTM figure through Mar 2026 stood at $172.3 million (down 8.94% YoY), while the FY2025 annual figure was $179.0 million, changed 0.47% from the prior year.
- Operating Expenses slipped to $42.9 million in Q1 2026, from $46.0 million in the prior quarter.
- Over the last five years, Operating Expenses for CMPS reached as high as $49.6 million in Q1 2025 and fell as low as $25.4 million in Q1 2022.
- The 5-year median for Operating Expenses is $38.6 million (2024), against an average of $38.1 million.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 86.88% — and 2025, when it declined 15.37%.
- A 5-year view of Operating Expenses shows it stood at $32.2 million in 2022, then advanced by 19.3% to $38.4 million in 2023, then advanced by 26.06% to $48.4 million in 2024, then slipped by 5.09% to $46.0 million in 2025, then declined by 6.63% to $42.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $42.9 million, $46.0 million, and $40.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 16.82 Bn |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 572.94 Mn |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 27.00 Mn |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 2.93 Bn |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 1.29 Bn |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 1.26 Bn |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 3.99 Bn |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 1.30 Bn |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | -25.79 Mn |
| 10 | COMPASS Pathways | 1.46 Bn | 1.46 Bn | - | 42.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.90 Mn |
| Dec 31, 2025 | 45.95 Mn |
| Sep 30, 2025 | 40.54 Mn |
| Jun 30, 2025 | 42.93 Mn |
| Mar 31, 2025 | 49.62 Mn |
| Dec 31, 2024 | 48.41 Mn |
| Sep 30, 2024 | 47.90 Mn |
| Jun 30, 2024 | 43.32 Mn |
| Mar 31, 2024 | 38.57 Mn |
| Dec 31, 2023 | 38.41 Mn |
| Sep 30, 2023 | 34.06 Mn |
| Jun 30, 2023 | 32.66 Mn |
| Mar 31, 2023 | 31.79 Mn |
| Dec 31, 2022 | 32.19 Mn |
| Sep 30, 2022 | 25.54 Mn |
| Jun 30, 2022 | 27.26 Mn |
| Mar 31, 2022 | 25.42 Mn |
| Dec 31, 2021 | 28.32 Mn |
| Sep 30, 2021 | 21.77 Mn |
| Jun 30, 2021 | 19.53 Mn |